- When Is It Time to Leave Your Mastermind Group?
- Napoleon Hill and Mastermind Groups
- Sharing Success Stories in Your Mastermind Meetings
- How Fear Can Ruin Your Mastermind Group
- Why Is Accountability Important?
- A 90-Day Mastermind Group: What An Idea!
- How to Set Membership Fees for Your Mastermind Group
December 5, 2014
There comes a time in every life when transition and transformation become inevitable. So, too, with your membership in your mastermind group.
Here’s what I say in my class about why people leave a group (and when to know it’s time):
- You find that you are not excited about going to meetings…or worse, you dread going
- You find that you cannot trust some of the members of the group
- You find that you cannot be completely authentic in the group
- You find that your brainstorming needs are not being met in the group (you’ve outgrown them)
- You find that your goals have changed and this group is no longer the right group for you
- You find that the group is not holding you accountable (they’re letting you slide)
- You find that you don’t want to participate in discussions when someone else is on the Hot Seat
- You have nothing more to mastermind about, and you don’t want to be on the Hot Seat
- You resist setting action plans or making goals
- You have achieved success and don’t feel you need the same level of support that you needed earlier in your life/business
- You simply want a break from masterminding
There’s nothing wrong with wanting a break from your mastermind group. Once you know that being part of a mastermind group no longer suits your needs, talk to the group about it and exit gracefully.
By Karyn Greenstreet | |
November 20, 2014
What did Napoleon Hill have to say about Mastermind Groups?
In his book, “Think and Grow Rich,” he talked about something called a “mastermind alliance.” He goes on to describe a mastermind group as, “A friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”
In his book, “Master Key to Riches,” Napoleon Hill says, “Every mind needs friendly contact with other minds, for food of expansion and growth.” To Hill mastermind groups are established to help create an environment that nurtures and supports growth.
Notice how he uses the word “friendly” throughout his discussion of mastermind groups? Hill believed that a harmonious groups of two or more people who come together for a specific purpose, or around a specific topic, bring forth the power of creativity and support that you can’t find when you go it alone. Napoleon Hill feels so strongly about this that he says in Your Magic Power to be Rich, “Maintain perfect harmony between yourself and every member of your master mind group. If you fail to carry out this instruction to the letter, you may expect to meet with failure. The master mind principle cannot obtain where perfect harmony does not prevail.” That’s a strong message about what makes a mastermind group succeed or fail.
In Hill’s book, “The Law of Success,” he adds another element to the idea of a mastermind group: the group helps to organize useful knowledge, creating a virtual encyclopedia from which each member can draw information.
When starting a mastermind group, or joining an existing one, look for these three hallmarks: friendly, growth-oriented, and willing to share information.
By the way, have you seen Napoleon Hill’s videos from his TV show in the 1960s? You can view them all of Napoleon Hill’s videos here.
By Karyn Greenstreet | |
October 22, 2014
In mastermind groups, atmosphere and mindset matter. To help set the right tone and atmosphere in mastermind group meetings, I encourage you to start each meeting with a round of Success Stories. These are 1 or 2 minute retelling of something that’s happened to each person since the last meeting that makes them feel successful.
Each person’s definition of “success” is different. For one person, it might be finally cleaning and decluttering their office. For another person, it might be having an important relationship-building conversation with their child. It could be the million dollar sale, or walking three times in the past week.
It doesn’t matter what the actual success story is. What matters is that we bring forward those things that make us feel successful and share them with the group…and that the group hears it and acknowledges it and applauds it. And it helps us to define what success looks like and feels like.
This helps foster a positive mental attitude and helps people look for success in everyday occurrences. And after all, isn’t that what a mastermind group is all about? Helping each other with great ideas, getting into action around those ideas, and feeling successful because of that action.
By Karyn Greenstreet | | |